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Canadian Tech Company, ZeroKey, Partners with NEXTY Electronics, a Toyota Tsusho Group Company

ZeroKey Inc., a growth-stage technology company that develops the world’s
most accurate large-scale 3D real-time location system (RTLS), partnered
with NEXTY Electronics Corporation, Toyota Tsusho Group’s electronics
trading company, in December 2022. ZeroKey services global markets with an
emphasis on digitization and operational visibility of industrial
manufacturing, warehousing, automotive, and supply chain operations.
Partnering with NEXTY, an accomplished electronics distribution company with
global sales channels across key market segments strengthens ZeroKey’s
support and expansion of its customer base in Eastern Asia.

NEXTY’s technical capabilities, combined with their passion for innovation,
align with ZeroKey’s mission to solve critical enterprise problems by
driving optimization through digital transformation. Historically, the
digitization of complex human-centric processes has been challenging due to
the technical limitations of earlier technologies. Traditional IIoT
technologies like Ultra-wideband and Bluetooth, cannot precisely digitize
these processes on a large scale, resulting in significant untapped value in
production efficiency, worker safety, quality control, and more. ZeroKey’s
second-generation technology, Quantum RTLST unlocks this untapped value by
digitizing and digitally twinning these processes in real-time and with
1.5-millimetre 3D accuracy across an entire facility. The hyper-accuracy
that Quantum RTLST brings to industrial environments dramatically increases
production efficiency and operational visibility, enabling customers to
maximize their output while reducing costly errors.

NEXTY’s core business segments match ZeroKey’s current and emerging markets,
resulting in a highly synergistic partnership between the two companies. As
a market leader in electronics distribution and technical solutions, NEXTY
is an opportune partner for ZeroKey as demand for hyper-accurate positioning
technology continues to increase exponentially. ZeroKey’s innovative
technology, combined with Toyota Tsusho Group’s global network and NEXTY’s
comprehensive experience in the automotive, supply chain, and manufacturing
industries, results in a partnership that will translate to increased value
for customers.

About ZeroKey: ZeroKey’s patented technology, Quantum RTLST, is the world’s
most accurate wide-area, 3D, millimetre-level RTLS technology that closes
the IIoT utility gap in factories, warehouses, and industrial environments
worldwide, including at six of the largest ten major automotive OEMs.
Powered by ultrasonics, Quantum RTLST delivers high performance and
reliability at any scale with unparalleled simplicity and flexibility. With
a range of trackable tags suitable for diverse applications, ZeroKey
technology tracks the assets, processes, goods, and personnel critical to
modern business with unprecedented resolution. For more information, visit
www.zerokey.com.